RE: Friday Pump13 May 2019 18:47
I think you're probably all getting a bit obsessed with "pump and dumps" and "manipulation" etc.
I think it's a whole lot more simple and basically this rose because financing is looking likely to be sorted, more and more people realised it wasn't going to dip below 15p like some claimed, and then continued to rise faster as a result, as people bought a few more, on top of those of us who'd already taken advantage at 15-16p.
20p was always going to be a significant short term tough nut to crack, and as I was discussing in my message at 08:44 this morning, it was a tough decision whether to hold for future gains, or bank the quick short term profits. It was a bit of a coin flip but I decided to sell, once it looked like 20p wasn't holding. I imagine others will have done the same.
So I don't think there's any big conspiracy. Just simply, this rose very fast, and many people probably are just playing it safe and locking in their gains.
It has absolutely no bearing on whether this goes on to do well in future days/weeks/months/years.
If you think it's good value sub 20p then it's still good value. If you don't think it is then it's still not good value. ;)
Relax :)